Plantation & Agroindustry Processings

PT Smart Tbk

PT Smart Tbk

PT SMART Tbk is one of the largest, publicly-listed, integrated
palm-based consumer companies in Indonesia which is committed to
sustainable palm oil production.

Founded in 1962, SMART's palm plantations have a
total coverage area of approximately almost 139,100 hectares (including
small holders). SMART also operates 16 mills, four kernel crushing
plants and four refineries. SMART listed its shares on the Indonesia
Stock Exchange in 1992.

SMART's primary activities are cultivating and
harvesting of palm trees, processing of fresh fruit bunches into crude
palm oil ("CPO") and palm kernel, and refining CPO into value-added
products such as cooking oil, margarine and shortening.

Besides bulk and industrial oil, SMART's refined
products are also marketed under several brands such as Filma and Kunci
Mas. Today, these brands have been recognised for their high quality and
command significant market share in their respective segment in
Indonesia.

SMART is a subsidiary of Golden Agri-Resources Ltd
("GAR"), which is one of the largest palm-based companies in the world
which is listed on the Singapore Exchange. SMART also manages all of
GAR's oil palm plantations, which has a total planted area of 484,900
hectares (including small holders) in Indonesia, as at 31 March 2015.

PT Socfin Indonesia

PT Socfin Indonesia

PT Socfin Indonesia (Socfindo) is a leading plantation
company established in 1968 as a result of a joint-venture partnership
agreement between Plantations Nord-Sumatra S A (a subsidiary of Socfin S
A of Belgium) and the Government of the Republic of Indonesia.

The Company is a continuation of the former Belgian owned
company Société Financiére des Caoutchoucs Medan SA founded in 1930, based on
notarial deed of William Leo No. 45 dated December 7, 1930, in which the
business entity was beginning by the establishment of the first commercial
plantations in Indonesia in 1911 by Adrien Hallet (Founder SOCFIN). Plantation
Sei Liput / Medang Ara is located in East Aceh, Deli and Tanah Itam Ulu were
the three oldest commercial oil palm plantation which built in 1911 by Adrien
Hallet.

Nowadays, PT Socfin Indonesia managing the
plantation area of 48,083 hectares consist of oil palm and rubber plantations
distributes in 9 oil palm estates which is located in the province Aceh and
North Sumatra, and five rubber estates which is located in North Sumatra.

PT Perkebunan Nusantara (PTPN) X

PT Perkebunan Nusantara (PTPN) X

Perkebunan Nusantara X (Persero) is a state-owned plantation company
and the largest sugar producer in Indonesia having been established in
1996 and subsequently restructured in 2011 to take ownership of further
state sugar mills. Under new branding and a renewed vision, PTPN X is
playing an integral role in revitalising Indonesia’s sugar industry and
achieving the goal of national self-sufficiency for future food
security.

Through extensive investment in
production facilities, machinery and human resources; PTPN X has
effectively streamlined its processes and boosted sugar production to
over 500,000 MET per annum. In total, PTPN X manages a total of 11 sugar
mills located across East Java and boasts the highest levels of
efficiency in the country. The company also works closely with local
sugar farmers and cooperatives to optimise sugar production capacity and
quality to build a sustainable future for Indonesia’s sugar industry.

PTPN X takes an entrepreneurial and
forward thinking approach to the needs of the Indonesian market and has
thus diversified into value added, downstream products including
bioethanol and biomass. The company’s broad product and service
portfolio therefore concentrates on sugar and its derivative products in
addition to tobacco and medical services among others.

In line with Indonesia’s growing domestic
sugar consumption, PTPN X is continuing to strengthen and expand its
sugar production capacity through its pioneering project in Madura to
establish Indonesia’s first fully integrated sugar industry that will
serve as a benchmark for the sector as a whole.